Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business?
Updated Dec. 12, 2023 12:22 pm ETA potential buyout of Macy’s by an investor group revives an old theory: that...
Investment Trusts
Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
Listen to article(3 minutes)RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such...
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its...
Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at...
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin...
Slow Return to Work Pummels Office Stocks
Vacancies are climbing and rents are sinking amid a stalled return-to-office rate. Source link
Prologis to Buy Duke Realty in $26 Billion Deal, Including Debt
Prologis will gain properties for its portfolio in key areas with the transaction, including Southern California, New Jersey, South Florida,...
Saudi Sovereign-Wealth Fund Buys Stake in Royal’s Investment Firm
Saudi Arabia’s sovereign-wealth fund bought a stake Sunday in a firm owned by billionaire Prince al-Waleed bin Talal, further intertwining...
WSJ News Exclusive | Blackstone Bets on Campus Housing With $13 Billion Acquisition
Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8...
WSJ News Exclusive | Healthcare Realty Trust Nears Deal With Healthcare Trust of America
Healthcare Trust of America Inc., which owns and operates medical-office buildings around the country, is in advanced talks to combine...
Hungry for Chips, Huawei Invests in Chinese Companies That Make Them
HONG KONG—Blocked by the U.S. from buying many of the chips it needs, Huawei Technologies Co. is stepping up investments...
A Booming Startup Market Prompts an Investment Rush for Ever-Younger Companies
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location...
Casino Owner Vici Properties to Buy MGM Growth Properties
Real-estate investment trust Vici Properties Inc. agreed to buy MGM Growth Properties LLC in a deal that values the casino...
Ackman Drops SPAC Plan for Universal Deal
Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities...
